The Union Monthly Plus is a very popular Recurring Deposit Scheme that offers attractive rates of interest. Through this scheme, people can save money easily


Deposit Amount

While applying for this scheme, people have to first select a ‘Core Amount’ and deposit it in their recurring deposit account. They can deposit a minimum Core Amount of Rs.100 and a maximum Core Amount of Rs.1, 00, 000


Loan Facility

People can take a loan of up to 75 percent of their deposit amount. They can avail the loan at 2 percent ODR


Interest Rates :

Tenure Deposits Below Rs.1 Crore
180 days 7.00
181 days to less than a year 7.25
1 year 7.50
Above 1 year - 3 years 7.55
Above 3 years - 5 years 7.50
Above 5 years - 10 years 7.25



For more Information you may Contact to the Union bank of India the Contact details Are given below

Contact details :

Customer service: 1800 22 2244